Aditya Birla Group Chairman Kumar Mangalam Birla on Tuesday said the funds raised by Vodafone-Idea have helped the company restart its capital expenditure cycle. He said this, along with other key initiatives, will give the company a "more secure position" to ensure that it remains dynamic and competitive. Speaking at the inauguration of IMC and ITUWTSA 2024, Birla expressed confidence that with the continued support of the government, Vodafone-Idea Limited (VIL) will play its role in realising India's digital future. He said, I am confident that with the continued support of the government, we will play our role in realising the Prime Minister's vision of Digital India. 

Agreements were signed with three companies

I am a firm believer in the transformative power of India's telecom sector and I see it as a bridge to a more connected, empowered and prosperous India. Vodafone-Idea has already announced the next phase of capital expenditure of US$ 3.6 billion with three global partners Nokia, Ericsson and Samsung, he said. These are all important steps that put Vodafone-Idea in a more secure position and ensure that the company remains dynamic and competitive. Birla said that the most complex issues faced by the government, regulators and the industry in the last one year are related to spam control and fraud protection.

Complete preparation to protect against fake calls 

He said, as the network grows, the potential risk to the public increases, especially through 'phishing' schemes, fraudulent calls and spam messages. These reduce public confidence in communication systems and also put people's personal and financial security at risk. Birla said that in collaboration with the government and regulatory bodies, VIL is making significant progress in tackling this threat. He said, Vodafone-Idea is committed to bringing innovations that will tackle spam and fraud at the core. Public awareness campaigns are also helping educate users on how to identify and avoid spam.